Kuwait Petroleum Industry History Quiz
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Questions and Answers

Kuwait Petroleum Corporation (KPC) was founded in 1946 to manage Kuwait's diversified oil interests

False

Burgan Field is the largest oil field in the world

False

Kuwait Oil Company (KOC) is responsible for exploration, development, and production operations of hydrocarbon reservoirs within Kuwait

True

Kuwait Oil Company (KOC) is also in charge of the storage of crude oil and delivery to refineries and tankers for export

<p>True</p> Signup and view all the answers

KPC's core business includes setting strategic guidelines for the international marketing, sale, and transport of crude oil and refined products

<p>True</p> Signup and view all the answers

Kuwait Petroleum Corporation (KPC) was founded in 1980 as an umbrella organization for managing Kuwait's diversified oil interests

<p>True</p> Signup and view all the answers

Kuwait Oil Company (KOC) is responsible for exploration, development, and production operations of hydrocarbon reservoirs within Kuwait

<p>True</p> Signup and view all the answers

Burgan Field is the second largest oil field in the world

<p>True</p> Signup and view all the answers

Kuwait Petroleum Corporation (KPC) is the state-owned entity responsible for Kuwait's hydrocarbon interests throughout the world

<p>True</p> Signup and view all the answers

Kuwait Oil Company (KOC) is primarily responsible for international marketing and sale of crude oil and refined products

<p>False</p> Signup and view all the answers

Reservoir engineering is the branch of petroleum engineering that deals with the fluid flow through porous medium during the development and production of oil and gas reservoirs.

<p>True</p> Signup and view all the answers

Reservoir rocks usually contain five fluids: oil, gas, water, air, and coal.

<p>False</p> Signup and view all the answers

Dead oil is the crude oil without dissolved gas in it.

<p>True</p> Signup and view all the answers

Reservoir energy is released when a pressure difference is imposed between the wellbore and reservoir, and a well is produced.

<p>True</p> Signup and view all the answers

Kuwait Oil Company (KOC) is primarily responsible for international marketing and sale of crude oil and refined products.

<p>False</p> Signup and view all the answers

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